May 19, 2008, Redwood Shores, California - MetricStream, Inc., the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions, today announced that it is sponsoring the FERC Compliance Summit 2008 being organized by Infocast, a division of Information Forecast, Inc. MetricStream will demonstrate its industry leading GRC solutions and will provide insights into using a risk based approach to efficient and effective methods to manage and improve compliance processes (e.g. FERC, NERC, SOX, ERM and Internal Audit) for energy and utility companies. The conference is being held on 19-21 May at the AED Conference Center in Washington, DC.

This summit will bring together leading regulators and energy compliance executives as they present in-depth reviews of best practices for independent reviews, electric reliability compliance, gas market compliance and standards of conduct.  Federal Energy Regulatory Commission (FERC) Chairman, Joseph T. Kelliher, will provide the keynote address. In addition, a pre-summit workshop will provide a comprehensive tutorial on how to design and implement an effective compliance program. Attendees will learn the attributes of an effective compliance system and examine the practical steps to design and implement such a program through panel discusses on topics such as Gas Compliance Issues, Structure of NERC Reliability Standards, Understanding How the NERC Discovery, Audit & Reporting Process Works, Establishing a NERC Compliance Program, What To Do if You are Faced with a Compliance Audit or Investigation, Dealing with Independent Investigations and Mitigating & Aggravating Factors in Regulatory Actions.

"We look forward to exhibiting at the FERC Compliance Summit,” said Charles Goldenberg, Vice President of GRC Solutions at MetricStream. “The event will be an exciting opportunity for us to showcase our compliance and risk management solutions that ship with embedded best practices for supporting key processes and requirements for standards and regulations in the energy and utility industry.”

About MetricStream

MetricStream, the independent market leader in enterprise and cloud applications for Governance, Risk, Compliance (GRC) and Quality Management, makes GRC simple. MetricStream apps improve business performance by strengthening risk management, corporate governance, regulatory compliance, vendor governance, and quality management for hundreds of thousands of users in dozens of industries, including Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and R&D center in Bangalore, India, and sales and operations support in 12 other cities globally. (www.metricstream.com).

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Molly Palm : pr@metricstream.com | (925) 451-1468

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